Option Strategy Hedging & Risk Management: An In-Depth Article Introducing an Interactive Analytical Framework for Hedging Option Strategy Risk
| Author | : | |
| Rating | : | 4.23 (693 Votes) |
| Asin | : | 0996182322 |
| Format Type | : | paperback |
| Number of Pages | : | 128 Pages |
| Publish Date | : | 2014-04-26 |
| Language | : | English |
DESCRIPTION:
Johnson founded Lincoln Capital Management's fixed income index business, where he ultimately managed over $13 billion in assets for some of the largest and most sophisticated institutional clients in the U.S. Brian Johnson designed, programmed, and implemented the first return sensitivity based parametric framework actively used to control risk in fixed income portfolios. degree in finance with high honors from the University of Illino
Must Read for Options Income Traders barefoottrader I have been a full-time retail options trader for the past nine years, and my focus is options income strategies. My options education is from the retail arena. I've taken courses, seminars, mentorship programs, read lots of books fairly typical for traders who have followed a similar path. Unfortunately for retail traders, options education is focused on everything but tail risk. In my experience, few address it and less actually actively manage it. The author tackles this issue head on. The book considers strategy, position sizing, and provides great detail in constructing position hedges using VIX options and underlying puts for. "Outstanding work" according to Amazon Customer. I have been following Brian Johnson's work for a while now. I am a college physics professor and so I am familiar with numbers and computation which does give me an edge in this area. I can tell you straight off the bat that on the whole Brian Johnson's books and work on options trading is outstanding. Reading these books takes a lot of time (it's taken me over a year to get to grips with the spreadsheet from his previous Earnings book). I like to do this stuff as a hobby, but I also make money on the side when I get a chance. I am not reviewing these books as whether they are something worthwhile to read, in my opinion the value i. "Anyone trading option income related strategies needs to read this book" according to John. Anyone employing option income related strategies needs to read this book, especially in the market environment we are currently in, with equity and bond market prices well above historical norms and implied volatility near its lowest historical levels. Brian Johnson, once again, has provided a detailed and well thought out framework for efficiently (and cost effectively) hedging any option income portfolio using a multitude of tools, including futures contracts, put options, and options on the VIX. I personally have started to implement these tools with my own option income strategies, and I have come to realize that I was previou
About the Author Brian Johnson designed, programmed, and implemented the first return sensitivity based parametric framework actively used to control risk in fixed income portfolios. Johnson is now a full-time proprietary trader in options, futures, stocks, and ETFs primarily using algorithmic trading strategies. degree in finance with high honors from the University of Illinois at Urbana-Champaign and an MBA degree with a specialization in Finance from the University of Chicago Booth School of Busin
Perhaps most important, Option Strategy Hedging and Risk Management includes a download link to the accompanying Excel spreadsheet with macros designed to perform all of the position sizing and hedging calculations in the article. All hedging examples in the article use real-time market prices and actual analytical results.Proprietary research is included in the article to provide validation for the analytical framework. The data from the article is included in the spreadsheet, which allows the reader to reproduce all of the examples from the article. The process used to identify the lowest-cost hedging solution using actual VIX call options is